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#Xrp🔥🔥

Is the price of XRP aiming for a breakout?

The price of XRP could be preparing for a breakout above 4 dollars before the end of February, according to emerging technical patterns shared by the renowned cryptocurrency analyst Dark Defender.
The analyst wrote in a post on X on January 30:
“XRP is pending confirmation on the 4-hour and 1-day timeframes for the breakout. The short-term target is 4 dollars with Sub-Wave 5, and the support is at 3.07 dollars.”

Still, XRP traders should be cautious of a potential bullish trap forming below 2.95 dollars. Although the altcoin bounced strongly from its weekly lows at 2.70 dollars, the recovery formed liquidity pockets that could be exploited downward.

With 3 dollars being a key support level, most long traders might have their stop losses just below that support, where market movements would push prices to collect liquidity. With a strong fair value gap of 1 hour and an overlapping order block between 2.98 and 2.90 dollars, this could be the potential buying and selling range for XRP.

$XRP

Crypto.com removes USDT and 9 other tokens in Europe due to MiCA regulations

The exchange Crypto.com announced that it will stop listing Tether's USDT and nine other tokens in Europe starting January 31, in compliance with the Markets in Crypto-Assets Regulation (MiCA).

This measure reflects Crypto.com's commitment to the new European regulations, which aim for greater transparency and security in the cryptocurrency market.

How will this decision impact the crypto ecosystem in Europe?

In addition to #USDT , Crypto.com will also remove from its listing #WBTC (WRAPPED BITCOIN), #DAI , #USDP (PAX DOLLAR), #PAXG (PAX GOLD), PYUSD (PAYPAL USD), CDCETH (Crypto.com STAKED ETH), CDCSOL (Crypto.com STAKED SOL), LRCO (Liquid CRO) and XSGD (XSGD)

$WBTC
$USDP
$PAXG

#BTC

Arizona leads the creation of a state Bitcoin reserve

The state of Arizona is advancing in the creation of a Bitcoin reserve following the approval of bill SB1025 in the Senate Finance Committee. The proposal, supported by a vote of 5-2, would allow for investing up to 10% of public funds in Bitcoin, including treasury resources and retirement systems.

This move aligns with a growing trend in the U.S., where 12 states have introduced similar initiatives. Arizona could become the first state to officially establish a Bitcoin reserve, marking a milestone in the integration of cryptocurrencies into public finance.

Will this be the beginning of a new era for cryptocurrencies in state management?

$BTC

#bitcoin #Xrp🔥🔥 #Ethereum

Nasdaq's falls spread to the crypto market, which is correcting sharply

When asked what to expect from the crypto world in 2025, analysts point out that the relationship between bitcoin, the Nasdaq and the S&P 500 should be observed. Javier Molina, an analyst at eToro, warns that if the markets fall, bitcoin will also fall because it is considered a risky asset. This Monday, the crypto markets fell, following the trend of the American indices. The recent appearance of the Chinese startup DeepSeek, which launched a new artificial intelligence model, generated panic in the technology sector and affected Wall Street, especially Nvidia.

On Wall Street, the Nasdaq fell 3% and the S&P 500 1.3%. Bitcoin also fell 4% over the past 24 hours, trading between $99,000 and $100,000, moving away from its all-time high of $109,350. Major cryptocurrencies such as ethereum and XRP also saw significant declines. The decline in the crypto market appears to be driven by fear and profit-taking. The correlation between bitcoin and the Nasdaq 100 index is strong, suggesting that bitcoin often follows the movement of this index.

$BTC

$ETH

$XRP

#XRP $XRP

Will it drop further or return to 3.41 dollars?

Since it reached an all-time high of 3.41 dollars, XRP has fallen below 3 dollars. Its price has decreased by 9% in the last week and bearish sentiment is growing. Sellers dominate the market.

Additionally, the constant outflows from XRP spot markets confirm high selling pressure. According to Coinglass, in the last three days, outflows from XRP spot markets have totaled 96 million dollars.

Such spot outflows indicate a decrease in confidence or profit-taking, which often leads to downward pressure on the asset's price.

#WLD​​​ $WLD

Brazil banned Worldcoin from offering cryptocurrencies in exchange for iris scans

Brazil's data protection agency has ordered Tools for Humanity (TFH) to stop offering cryptocurrencies in exchange for biometric data from its citizens. This decision was made on January 24 and will take effect on January 25 following an investigation into the World ID project, which uses iris scanning.

The National Data Protection Authority (ANPD) determined that offering cryptocurrencies could affect users' consent to collect sensitive data. ANPD also expressed concerns about financial incentives and their impact on decisions made by vulnerable individuals. In December, Germany also took action against the handling of biometric data from the project.

The WLD token has fallen more than 8% in the last 24 hours, now below 2 dollars, and has decreased by 83% since its all-time high of 11.74 dollars.

#BNBToken
The BNB Foundation completes the token burn.

The BNB Foundation completed the 30th quarterly burn of BNB tokens, reducing the supply by more than 1.6 million tokens, worth 1.16 billion dollars. 42.47 million BNB remain to be burned to reach the goal of 100 million. They used an automatic burn mechanism to clear more than 1.5 million BNB, leaving 110,000 BNB that validators had left staked “now unrecoverable.” These tokens were considered burned, and validators were compensated through the Pioneer Burn Program.

The BNB Foundation plans to use an Auto-Burn system to gradually reduce the supply of BNB, based on the price of BNB and the number of blocks generated. Future burns will be conducted directly on the BNB Smart Chain, and the amounts will be sent to a “hole” address. A real-time burn mechanism based on gas fees will also be implemented, which has already burned nearly 248,000 BNB since the introduction of BEP-95. The BNB Pioneer Burn Program will continue to help users recover lost BNB and tokens.

On the other hand, Binance CEO Richard Teng stated that the adoption of cryptocurrencies is in its early stages. He said that the belief that it is too late to enter cryptocurrencies ignores future opportunities. Teng emphasized that the perception of what is possible in this market continues to change, and the industry's momentum is expected to accelerate in 2025. A step-by-step system to secure jobs in Web3 in 90 days is also mentioned.

$BNB

$XRP $SOL XRP: Delayed or opportunity?

The official XRPL page lists 7 infrastructure applications, 4 development applications, 1 interoperability application, 4 wallets, 7 NFTs, 5 exchanges, 4 cryptocurrency games, and 1 security application. In total, there are 32 applications available on the XRP network; again, according to their website.
This is a low number considering that the XRP network was designed in 2011 and launched to the public in 2012. Nearly 15 years have passed since the XRP network has been operational and on track.
In contrast, the Solana network, which was launched in the market in 2020, has more than 400 decentralized applications, according to information provided by Dappradar. According to a report, 7,625 developers worked in the Solana ecosystem during 2024. 6,456 was the number of developers that Ethereum attracted in the same year.

$ETH

What is happening with the Ethereum Foundation?

The Ethereum Foundation (EF) is going through a deep internal crisis. Lead developer Eric Conner has resigned, criticizing the organization's leadership and, in particular, its executive director, Aya Miyaguchi.
Co-founder Vitalik Buterin acknowledged the need for change but defended Miyaguchi. However, the community continues to demand his resignation, arguing that he lacks the necessary skills for the position.
This crisis has generated intense debate about the future of the EF and its ability to maintain its leadership in the blockchain. Conner's departure is a hard blow for the organization, as it loses a key figure.

How do you see your forecasts seeing $ETH not exceed $3,500 USDT?

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